The minimum amount of cash or equity in your house that you need to purchase management rights is approx $150,000. A general rule to determine the purchase price of the complex is multiplying your cash input by 2.85 times. Example: If you had $300,000 cash, you could purchase a complex worth $750,000. If you had $400,000 cash, you could purchase … Continue reading How Much Can I Borrow?
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